An interesting article and I’m glad you posted it but it has no practical value: neither McCain nor Clinton nor Obama will stop even a tiny fraction of the give-away gravy train.
From the article:’But almost in passing, during his insightful explanation of third world corruption, Easterly points out that “good institutions” are the key to resisting the corruption and racial strife that hobble so many third world economies. The institutions he lists are: the rule of law, democracy, merit-based civil service, limits on government’s ability to repudiate contracts or expropriate property, and an independent central banking system. He has hit the nail squarely on the head.’
We would be doing well to even hold back the deterioration of these institutions in our own country.